Advancing Smart Factory Landscape through LG-LS Electric Collaboration
LG and LS Electric have joined forces in a strategic partnership, as per the Memorandum of Understanding (MoU) signed between the two entities. LS Electric will contribute its core technologies, including an internet of things-based system for automated equipment modeling, autonomous logistics robots, and an AI-driven real-time automatic welding system. Meanwhile, LG Electronics will provide system consulting, automation apparatus, and digital transformation solutions incorporating AI and big data.
Key Technological Contributions
- LS Electric’s Core Technologies:
- Internet of things-based system for automated equipment modeling.
- Autonomous logistics robots for internal operations.
- AI-driven real-time automatic welding system.
- LG Electronics’ Offerings:
- System consulting.
- Automation apparatus.
- Digital transformation solutions with AI and big data integration.
Alliance Objective: Global Expansion of Energy-Efficient Smart Factories
The primary goal of this alliance is to cultivate a base of energy-efficient and competitive smart factories on a global scale. These advanced facilities, commonly referred to as ‘lighthouse factories,’ implement Industry 4.0 technology to significantly enhance operational efficiency, aligning with the standards set by the World Economic Forum.
Total Factory Offering System
Song Si-yong, Vice President at LG Electronics, emphasized that the MoU enables them to provide comprehensive solutions beyond their inherent capabilities. The collaboration aims to establish a ‘Total Factory Offering’ system across the entire factory domain, showcasing the commitment to pushing the boundaries of smart factory innovations.
This collaboration between LG and LS Electric represents a significant stride in the development of smart factories, leveraging cutting-edge technologies to drive efficiency and competitiveness. As the global market trends toward Industry 4.0, the alliance positions itself to play a pivotal role in shaping the future of smart manufacturing.
Source：evertiq.com
